Wellspring

Covalent Data, Inc. operates an online platform that connects innovation with technology enterprises by providing tools for technology transfer and corporate licensing professionals. The company offers an asset marketing platform and intelligent search solutions designed to identify valuable assets within companies and technology transfer organizations. By integrating diverse public and private data sources, Covalent Data delivers insights and analytics that facilitate opportunity identification, enhance due diligence, and streamline the innovation process. Its services cater to a wide range of stakeholders, including academic and research institutions, large corporations, granting agencies, private foundations, and individual researchers. The platform allows users to track trends, analyze opportunities, and foster connections within the innovation ecosystem. Covalent Data, formerly known as Collective IP, Inc., was established in 2011 and is based in Denver, Colorado. It has operated as a subsidiary of Wellspring Worldwide Inc. since 2017.

Flintbox, originally established in 2003 by the University of British Columbia, is a prominent platform for open innovation and intellectual property exchange. Acquired by Wellspring in 2010, Flintbox has evolved into a sophisticated software tool that facilitates collaboration among a global community of researchers, innovators, and organizations. The platform boasts over 17,000 registered users from more than 500 organizations across six continents, fostering connections between research institutions and industry. Since its relaunch in April 2010, Flintbox has continually enhanced its features based on user feedback, which includes contributions from companies, universities, and independent innovators. This user-driven approach ensures that Flintbox remains a vital resource for building relationships and driving collaboration within the innovation ecosystem.